Tauber Institute Participation Fees
Sponsor Fee - $40,000 per project which covers the cost of project administration, faculty involvement and team leadership training. (Smaller potential sponsors who are unable to afford this fee are encouraged to submit a project proposal noting their company would like to apply for a fee reduction.)
Project Expenses - The sponsoring firm pays for student expenses associated with the initial project team meeting (e.g., travel and lodging). This meeting is conducted with students on-site, usually during March or April.
For project sites outside of southeast Michigan, it is generally expected that student relocation expenses are the responsibility of the sponsoring firm. Housing allowances are permitted and recommended especially in areas with high costs of living. The provision of a vehicle during the summer is also permissible. These additional forms of compensation can be bundled in with salaries, and must be presented to students in the January presentations.
Student Salaries - The sponsoring firm hires Tauber students as summer employees. The following are the recommended weekly student salaries.
Companies may choose to offer weekly salaries less than the proposed ranges based on internal company guidelines and/or which reflect market factors in a particular area. Should a company choose to compensate less than the salary range, the company is requested to discuss the proposed salary range with the Tauber Associate Director of Industry Relations at the time of submission.
$1600 - $1775/wk
Graduate students with 4 or more years of full-time work experience
$1350 - $1500/wk
Graduate students with more than 2, but less than 4 years of full-time work experience
$1100 - $1200/wk
Graduate students with less than 2 years of full-time work experience, including EGL students entering their fifth year of study.
You should also be aware of the following:
If your organization regularly pays summer interns at a level higher than the rates cited above, please contact the Tauber Institute prior to the January presentations to discuss whether Tauber can accept these higher levels of compensation.
The Tauber Institute does not permit a sponsor to offer a "signing bonus" as an incentive for students to select its project. (Signing bonuses related to permanent job offers made at the end of the internship are permitted and not within the purview of Tauber's internship compensation policies.)
Please contact our Associate Director if you have questions regarding project fees.